A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for M&T Bank Corp
Our trading algorithm values M&T Bank Corp (MTB) to be overvalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | overvalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $187.24 |
| 60 Day Prediction | $188.09 |
| 60 Day Pred - Lower Bound | $178.8 |
| 60 Day Pred - Upper Bound | $197.48 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.197 * nr_days_in_the_future + 182.169
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
MTB traded at $187.24 this Friday October 14th, gaining since last week.
Looking back, over the last month, MTB has been loosing $-0.05 or -0.026697175551287304 percent.
Over the last year, it has been gaining.
Seasonality of M&T Bank Corp
Using our AI model, we have been analyzing the value change for M&T Bank Corp depending on the day or month of a year. This can be seen in the following graph:
